We use cookies on our website. If you continue to browse our website without taking any action, we will assume that you are happy to receive all cookies from our website.Read MoreDismiss

Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

FEAnalytics.com

FEInvest.net

FETransmission.com

Investegate.co.uk

Trustnet.hk

Trustnetoffshore.com

Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

to present content effectively;

to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;

to carry out our obligations arising from any contracts between you and us;

to enable you to participate in interactive features of our service, when you choose to do so;

to notify you about changes to our service;

to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

OJSC Magnitogorsk

Court restrained MMK's acquisition of FMS

Chelyabinsk arbitration court issued an order restraining MMK
from implementing MMK Board of Directors' Resolutions
with respect to acquisition of Flinders Mines Limited

April 3, 2012 Magnitogorsk, Russian Federation

Open Joint Stock Company Magnitogorsk Iron and Steel Works (OJSC MMK) announced that on April 2, 2012 it was notified that a minority shareholder of OJSC MMK, Ms. Elena Egorova, brought an action to the Arbitration Court of Chelyabinsk Region (city of Chelyabinsk, Russian Federation) on March 29, 2012 challenging the legitimacy of the OJSC MMK Board of Directors' resolutions with respect to the acquisition of 100 percent stake in Flinders Mines Limited. The plaintiff argues that this transaction discriminates against her interests as a shareholder since this deal will, allegedly, lead to financial and operational risks for OJSC MMK and therefore adversely affect the plaintiff's investments in MMK shares.

As a result, on March 30, 2012 the Arbitration Court of Chelyabinsk Region issued an injunctive relief order restraining MMK from implementing MMK Board of Directors' resolutions with respect to the acquisition of 100 percent stake in Flinders Mines Limited.

OJSC MMK has notified Flinders Mines Limited of the court's order. The parties are currently in the process of jointly assessing the above circumstances and their probable consequences.

OJSC MMK officially states that in the course of implementation of the transaction to acquire 100 percent of Flinders Mines Limited shares, OJSC MMK has been acting in full conformity with applicable laws and regards the plaintiff's action as ungrounded.

FE Investegate takes no responsibility for the accuracy of the information within
this site.

The announcements are supplied by the denoted source. Queries about the content
of an announcement should be directed to the source. FE Investegate reserves the
right to publish a filtered set of announcements. NAV, EMM/EPT, Rule 8 and FRN Variable
Rate Fix announcements are filtered from this site.

To continue using FE Investegate, please confirm that you are a private investor.

I am a private investor *I am not a private investor

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.

To continue to use FE Investegate, please confirm you are a private investor

This website is only for private investors. By using this site, you agree to use the content for private use only.

Please confirm that you are a private investor using the buttons below.